Advanced ID Corp. (AIDO.OB) – Capitalizing on Vast Global RFID Market
Advanced ID Corp. (AIDO.OB) is a complete solutions provider in the radio frequency identification (RFID) market. The company provides products for positive identification of both inanimate objects for supply chain applications and companion animals for tracing and recovery purposes. AIDO uses low-frequency radio waves for companion animal recovery and is the 2nd largest player in the Canadian market for these services, with an estimated 40% market share. The company is also involved in ultra-high-frequency RFID for tires. AIDO provides lifetime IDs for tires that can be used for inventory purposes, tire recalls, etc. AIDO continues to expand its product line.…